Gold Silver Reports — Technically MCX Silver market is under short covering as market has witnessed drop in open interest by -0.71% to settled at 17182 while prices up 185 rupees.
Silver MCX Above 38134 Blast, Target 38820—39100
Commodity News
Commodity News – Real-time Accurate MCX Commodity Market News and forecast for today. Best commodity market online tips through whatsapp and telegram by Neal Bhai.
Saudi Arabia Maintains Share of Japan’s Oil Imports
Gold Silver Reports — Saudi Arabia accounted for 40% of Japan’s crude oil imports in the first half of 2017, unchanged from the share it enjoyed before OPEC agreed to cut oil production.
Gold Price Attempts Breakout…Yet Caution Warranted
Gold Silver Reports — Since gold’s all-time high of $1,923 per ounce in September 2011, the nearly 6-year decline that this week has brought prices back to $1,270 has been broadly defined by a falling linear trend of selling pressure.
Gold MCX Expiry Support Key at 28324
Gold Silver Reports — Technically Gold market is under short covering as market has witnessed drop in open interest by 23.39% to settled at 3472 while prices up 104 rupees.
Ex-NASA Agent Fears Gold Lunar Module Will Be Melted Down
Gold Silver Reports — Ohio police say a rare gold replica of the lunar space module has been stolen from the Armstrong Air and Space Museum.
Chinese Demand for Gold Bars Climbs by Half on Hunt for Havens
Gold Silver Reports — Demand for gold bars in China, the world’s biggest bullion market, soared by more than half in the first six months of the year as investors sought a haven from financial and geopolitical risks.
India Trade Ministry Sees Scope for Lowering Gold Import Tax
Gold Silver Reports — India’s trade ministry sees scope for lowering the import tax on gold as the current account deficit improves in the world’s second-biggest consumer of the metal.